النرويج verb_is the 30th largest export economy in the world. In 2016, النرويج exported $89.4 Billions and imported $72.3 Billions, resulting in a positive trade balance of $17.1 Billions. In 2016 the GDP النرويج was $370 Billions and its GDP per capita was $59.3 Thousands.

Exports

In 2016 النرويج exported $89.4 Billions, making it the 30th largest exporter in the world. During the last five years the exports النرويج have decreased at an annualized rate of -14.431%, from $159 Billions in 2011 to $89.4 Billions in 2016. The most recent exports are led by البترول الخام which represent 25.5% of the total exports النرويج, followed by غاز البترول, which account for 23.1%.

Imports

In 2016 النرويج imported $72.3 Billions, making it the 34th largest importer in the world. During the last five years the imports النرويج have decreased at an annualized rate of -5.675%, from $91.8 Billions in 2011 to $72.3 Billions in 2016. The most recent imports are led by السيارات which represent 7.12% of the total imports النرويج, followed by سفن الركاب والبضائع, which account for 2.96%.

Trade Balance

As of 2016 النرويج had a positive trade balance of $17.1 Billions in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $10.2 Billions in net exports.

Economic Complexity النرويج

Product Space

The product space is a network connecting products that are likely to be co-exported and can be used to predict the evolution of a country’s export structure.

النرويج exports 107 products with revealed comparative advantage (meaning that its share of global exports is larger than what would be expected from the size of its export economy and from the size of a product’s global market).